Exercise of Options

RNS Number : 7366Y

K3 Business Technology Group PLC

30 December 2010

 

KBT

30 December 2010

K3 BUSINESS TECHNOLOGY GROUP PLC

('K3' or 'the Company')

Exercise of Options

K3 announces that application has been made for the admission of 50,000 new ordinary shares of 25p each in the Company ("New Ordinary Shares") following the exercise of options by an employee under the K3 Business Technology Group Executive Share Option Scheme 2000.  

The new ordinary shares will rank pari passu in all respects with the existing ordinary shares of the Company.  Admission of the 50,000 ordinary shares is expected to take place on 6 January 2011.  Following admission the total issued share capital of the Company will be 25,771,088 ordinary shares of 25p each.

For further information:

K3 Business Technology		Andy Makeham, Chief Executive		T: 0161 876 4498
Group plc		David Bolton, Chief Finance Officer
Canaccord Genuity Limited (NOMAD)		Simon Bridges / Kit Stephenson		T: 020 7050 6500
Biddicks		Katie Tzouliadis / Sophie Lane		T: 020 7448 1000

 

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